junius spencer morgan great grandchildren

[31], Morgan became the active head of the firm in February 1859, with Peabody remaining the nominal senior partner. J.P. Morgan, in full John Pierpont Morgan, (born April 17, 1837, Hartford, Connecticut, U.S.died March 31, 1913, Rome, Italy), American financier and industrial organizer, one of the world's foremost financial figures during the two pre-World War I decades. His ornate library was built to house most of his works, which, thanks to the efforts of Jack Morgan, was unveiled to the public in the 1920s with the opening of the Morgan Library & Museum. Junius Spencer Morgan (American) The Metropolitan Museum of Art. If so, login to add it. He is buried in Cedar Hill Cemetery in Hartford, Connecticut.[8][9]. contient des milliers de photos et GeneaStars. Outgoing letters are addressed to her sister, Mary Kirkland Tracy. Submit a correction or make a comment about this profile. Underscoring his influence in the industry, Morgan in 1885 arranged a meeting with the feuding directors of the New York Central and Pennsylvania Railroad aboard his yacht, the Corsair. "The Print in the North," May 6 . He headed a group of bankers who took in large government deposits and decided how the money was to be used for purposes of financial relief, thereby preserving the solvency of many major banks and corporations. Philanthropist, Industrialist, Businessman, American financier, banker, philanthropist and art collector, Born on April 17, 1837 Capture a web page as it appears now for use as a trusted citation in the future. He suffered a broken wrist and concussion and was unconscious for five days until his death on April 8, 1890. Junius Spencer Morgan III (1892-1960) - HouseHistree Junius - Baby Name Meaning, Origin, and Popularity | Nameberry [33], In 1864, Morgan's ten-year agreement with Peabody expired. The immense scope of Morgan's power came to light in the wake of the Panic of 1893. In 1886 he reorganized two more major railroads with the aim of stabilizing their financial base. [27][28][29], Despite their own financial difficulties in this period, Peabody and Morgan were chief backers of Cyrus West Field's bedeviled transatlantic cable project throughout. In 1887 it was conspicuous in the reorganization of the Philadelphia and Reading railroad, which a syndicate Of capitalists formed by Mr. Morgan placed on a sound basis. Please try again. Deceased persons are not concerned by this provision. GROUP. Quick access. In time Junius allowed friends to build on the island. This page has been accessed 12,698 times. His success emboldened him to strike out on his own, and he continued to work with his father after founding J. Pierpont Morgan & Co. in the early 1860s. junius spencer morgan junius spencer morgan - bobesich.ca {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. The 27,000-square-feet stone manor has grand-scale living and entertaining spaces with views of the Long Island Sound, Manhattan and Connecticut. Morgan set sail on an overseas voyage after the hearings, but his health steadily declined, and he died at a hotel in Rome, Italy, on March 31, 1913. [64], In February 1842, his father-in-law John Pierpont was suggested as a leading candidate for the Liberty Party nomination for Governor of Massachusetts. Career He began his business career in 1829 by entering the employ of Alfred Welles of Boston. With his son's aid, Morgan grew his banking house into a trans-Atlantic . Regardless, Morgan continued to exert his authority in both industries and in government. Son of Joseph Morgan, III and Sarah "Sally" Morgan After finishing his education in 1857, Morgan moved to New York to work as a clerk at Duncan, Sherman & Co., the American branch of his father's firm. In 1903, J.P. Morgan & Co. was appointed fiscal agent for a newly independent Panama, with responsibilities that included overseeing the transfer of $40 million to the New Panama Canal Co. in Hartford, Connecticut, USA , United States, Died on March 31, 1913 "John Pierpont Morgan was an American financier, banker, philanthropist, and art collector . Please refer to the appropriate style manual or other sources if you have any questions. By estimates, there were about 150 lavish estates built during that time, the majority of which have been turned into hotels and residential compounds. You can't pick cherries with your back to the tree. Though Peabody retired as promised, he denied Morgan the use of his name and capital. Junius Spencer Morgan III was born on March 15, 1892, to Jane Norton Grew and Jack Morgan (1867-1943), who was a banker and the son of J. Pierpont Morgan (1837-1913), the renowned financier. The Morgan Memorial served as a prototype for the Pierpont Morgan wing of the Metropolitan Museum of Art. 24530600 - Virtual International Authority File Samuel Spencer (1670 - 1756), my sixth great grandfather, and Morgan's third great grandfather. "To acquire an entire island of this magnitude and beauty is a once-in-a-lifetime opportunity," Ms. Devendorf said, adding that it lies within an hours drive from New York City (the island has a private causeway connecting to the mainland) and is less than 30 minutes by air or sea to the city. (1892 - 1960) Photos: 745. Junius is 18 degrees from Jennifer Aniston, 15 degrees from Drew Barrymore, 16 degrees from Candice Bergen, 17 degrees from Alexandre Dumas, 18 degrees from Carrie Fisher, 27 degrees from Whitney Houston, 14 degrees from Hayley Mills, 16 degrees from Liza Minnelli, 18 degrees from Lisa Presley, 18 degrees from Kiefer Sutherland, 18 degrees from Bill Veeck and 18 degrees from Brian Nash on our single family tree. DISCLAIMER: The currency conversion is provided for illustration purposes only. Having ceased to undertake large industrial reorganizations, Morgan thereafter concentrated on amassing control of various banks and insurance companies. Famouskin.com also includes ancestoral charts showing the family relationships of J.P. Morgan to many famous kin. The firm soon became a major player in the steel industry by financing the formation of Federal Steel in 1898. [19], Upon Morgan's arrival in London in 1854, Peabody & Co. was immediately in a position of strength as a leading dealer in American securities in the city; American grain, cotton, and railroad values soared during and after the Crimean War. J. Pierpont Morgan is arguably the most famous banker in American history, b. Island That Was Longtime Home to J.P. Morgan Heir Hits Market for $125M PDF J. P. Morgan - ahschools.us archive.org Login to find your connection. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Actually, although John Pierpont Morgan's father was indeed named Junius Spencer Morgan, this was not his home. great grandfather. L'arbre And I saw, and behold, a pale horse, and its rider's name was Death, and Hades followed him; and they were given great power over a fourth of the earth; to kill with sword and with famine and with pestilence and by wild beasts of the earth." . This page was last edited on 25 February 2023, at 17:50. With his son's aid, Morgan grew his banking house into a trans-Atlantic financial empire that included firms in London, New York City, Philadelphia, and Paris. Thanks for your cooperation! She married George Hale Morgan on 27 June 1866, in Connecticut, United States. Junius Spencer Morgan I (April 14, 1813 - April 8, 1890) was an American banker and financier, as well as the father of John Pierpont "J.P." Morgan and patriarch to the Morgan banking house. He married in 1836 Juliet, daughter of John Pierpont, the poet (q. These prompt payments to the banks destroyed in the fire established Aetna's reputation on Wall Street and allowed the firm to triple its premiums in later years. It was a question of success. Junius Spencer Morgan II (1867-1932), son of J. Pierpont Morgan's sister Sarah, began collecting rare books while he was in his teens and eventually built a fine collection of the ancient Roman poet Virgil's works. He reorganized several major railroads and financed industrial consolidations that formed the United States Steel, International Harvester, and General Electric corporations. Junius Spencer Morgans manor, named Salutation, is one of the few remaining estates still privately owned. Junius Morgan's Estate (Salutations) - Virtual Globetrotting [42], In 1877, Morgan began a semiretirement, cutting back on his schedule and ceding greater authority to his son. 1892-1960. GLEN COVE, L. I., N.Y., July 3, 1915 (UP) - John Pierpont Morgan, the financier, was shot at his summer home here shortly before 9 o'clock to-day. When Sarah Spencer Morgan was born on 5 December 1839, in Hartford, Hartford, Connecticut, United States, her father, Junius Spencer Morgan Sr., was 26 and her mother, Juliet Pierpont, was 23. J. P. Morgan. Originally granted by King George I to a private person in 1721 for 200 pounds, according to Ms. Devendorf, it was purchased in 1919 by Junius Spencer Morgan, whose grandfather J. P. Morgan. He died on Monday, March 31, 1913 in Rome, Italy while attending a yacht racing event. A protracted legal battle was settled when the Supreme Court ruled in favor of the government in 1904. 1813 birth: . << /Length 6 0 R /Filter /FlateDecode >> Junius Spencer Morgan and his family lived on the island for decades. The Woman Behind the Morgan Library: Belle da Costa Greene Peabody also forced unfavorable terms on Morgan's lease of the bank's 22 Old Broad Street offices. [62], Like his father, Morgan was a strong supporter of the Whig Party. The JP Morgan Island Estate! | Top Ten Real Estate Deals He then became junior partner in the drygoods house of Howe, Mather and Co., which in 1850 became Mather, Morgan and Co. A year later he was invited by James M. Beebe to form a co-partnership in Boston, which, under the style of J. [6], During the Panic of 1837, Morgan traveled the South in an effort to collect the firm's debts, in specie if possible but often in payments of cotton. In that same year he organized, with less subsequent success, the International Mercantile Marine (IMM), an amalgamation of a majority of the transatlantic shipping lines, notably including White Star. The estate, located near Glen Cove, also has a remarkable history. Two years later, in 1892, Jack Morgan returned to the US and became a partner at Drexel, Morgan & Co., the bank his father co-founded with Pittsburgh banker Anthony Drexel. They married in May 1865 and had four children, with son John Pierpont "Jack" Morgan Jr. going on to take over his father's business many years later. -- PBS Online, 1999, {{ mediasCtrl.getTitle(media, true) }} If so, login to add it. To commemorate his passing, the New York Stock Exchange remained closed until noon on the day of his funeral. Their blossoming romance was jarred by her diagnosis of tuberculosis in 1861, and they quickly married and moved to Algiers with the hope of spurring a recovery. [3] He worked for his father until he was able to take over the family business, leading him to become one of the most influential financiers in the world. He then reassured a skeptical President .css-47aoac{-webkit-text-decoration:underline;text-decoration:underline;text-decoration-thickness:0.0625rem;text-decoration-color:inherit;text-underline-offset:0.25rem;color:#A00000;-webkit-transition:all 0.3s ease-in-out;transition:all 0.3s ease-in-out;}.css-47aoac:hover{color:#595959;text-decoration-color:border-link-body-hover;}Grover Cleveland by citing an obscure 1862 statute that gave the Secretary of the Treasury the power to pull off such a transaction without congressional approval. [6], In April 1833, Alfred Welles offered Morgan a partnership in his firm; he accepted against his father's wishes. [35] Morgan succeeded Peabody as head of the firm and reluctantly changed its name to J. S. Morgan & Co.[36] Despite his disappointment, J. S. Morgan was the largest American bank in London and had earned 444,000 in the prior ten years, leaving Morgan a powerful platform for future investments. Father. Also in 1901, Morgan teamed with James J. Hill to form the Northern Securities Company. He was of Hartford, Conn., but later associated with the Banking-house of Peabody & Morgan of London, England, where he resided many years. WARREN TIMES-MIRROR The Only Paper in Many Hom es Th One Paper in Most Honnes (>0()l> E \ ENTNG Hincp .scientists are so good at digging up things, we suggest tliey turn their efforti- to more ration points. A man I do not trust could not get money from me on all the bonds in Christendom. John is 18 degrees from Jennifer Aniston, 14 degrees from Drew Barrymore, 15 degrees from Candice Bergen, 16 degrees from Alexandre Dumas, 19 degrees from Carrie Fisher, 27 degrees from Whitney Houston, 15 degrees from Hayley Mills, 16 degrees from Liza Minnelli, 19 degrees from Lisa Presley, 18 degrees from Kiefer Sutherland, 17 degrees from Bill Veeck and 18 degrees from Brian Nash on our single family tree. At Princeton University, she came to the attention of Junius Spencer Morgan II, a student at Princeton University and a nephew of John Pierpont Morgan. Banker J. P. Morgan Born - This Month in Business History - Research His paternal grandfather, Joseph, was a founder of the Aetna Insurance Company, and his father, Junius, became a partner in a successful dry goods business around the time he married Juliet Pierpont, daughter of noted minister and poet John Pierpont. 1844 child birth: Mary Lyman Morgan b. J.P. Morgan - Life, Family & Philanthropy - Biography Junius Spencer. Enter a grandparent's name. Miles Morgan]], ancestor to the Morgan family in America, emigrated from Bristol, England to Boston in 1636. Please enable JavaScript in your browser's settings to use this part of Geni. Junius Spencer Morgan I. He entered business in Connecticut, operating a tavern, coffee house, and stagecoach line,[4] and was a founding partner in the Aetna Fire Insurance Company in 1819. Signup for our newsletter to get notified about our next ride. Junius Spencer Morgan. Drexel allied his bank with Peabody's through Morgan, forming one of the most powerful and important banking alliances in American history. He took on a prominent role in London society, hosting many social gatherings at his homes on Hyde Park and at Roehampton.[32][33]. "John Pierpont Morgan (1837-1913) began his career in 1857 as an accountant, and worked for several New York banking firms until he became a partner in Drexel, Morgan and Company in 1871, which was reorganized as J.P. Morgan and Company in 1895. He passed away on 19 Oct 1960 in Simcoe, Norfolk, Ontario. The assets of the House of Morgan fell 40% from $704 million to $425 million. The most expensive listing in the U.S. is a West Coast home asking $350 million. JP Morgan Jr. Net Worth (Entrepreneur) J.P. Morgan became one of the wealthiest and most powerful businessmen in the world through his founding of private banks and industrial consolidation in the late 1800s. Under this name the house has grown in strength and influence until at present it ranks among the great banking-houses of the world. Morgan. Junius Spencer Morgan III was born on March 15, 1892, to Jane Norton Grew and Jack Morgan (1867-1943), who was a banker and the son of J. Pierpont Morgan (1837-1913), the renowned financier. Junius Spencer Morgan I (April 14, 1813 - April 8, 1890) was an American banker and financier as well as the father of J. P. Morgan. John Pierpont Morgan was an American financier and investment banker during the Gilded Age. He founded J. S. Morgan & Co. Junius Spencer Morgan I (1813-1890) | WikiTree FREE Family Tree By the time of his death in 1890, the Morgan banks were dominant forces in government and railroad finance, and his was the pre-eminent American banking house. [38], Another windfall arrived at Morgan's doorstep that same year when Philadelphia's Anthony Drexel proposed an affiliation with J. S. Morgan & Co. Drexel was then Philadelphia's second power in government finance after Jay Cooke. 1844 d. 1919. As a boy he became a dry-goods clerk in Boston; later he entered a brokerage house in New York City. Founder of United States Steel Corporation. Virginia Elections Database Candidate Profile Full text of "Cynthiana democrat (The), 2014-10-16" Additionally, the lifelong art enthusiast began exponentially expanding an already impressive collection of valuable works. All Rights Reserved. He then acquired control of many leading financial and insurance companies. Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). Joseph Morgan made a fortune from his holdings. v.).--His son, John Pierpont, banker, born in Hartford, Connecticut, 17 April, 1837, was educated at the English high-school in Boston, and then studied at the University of Gottingen, Germany. [2] He grew up in New York and received an education that focused on math and history, as well as German and French, as his father believed there was great value in those subjects. Morgan led a syndicated bond issue of 10,000,000, which the syndicate sold at 15 points below par. [1] Career His sister, Lucy Morgan (d. 1890) was married to Major James Goodwin, one of the founders, and a president for many years, of the Connecticut Mutual Life Insurance Company. It became J.P. Morgan and Company in 1895 and is now JPMorgan Chase & Co. "[48], In 1836, Morgan married Juliet Pierpont (18161884), daughter of John Pierpont (17851866), a poet, lawyer, merchant, and Unitarian minister. In book thirteen of Revelation, John describes two beasts: one that emerges from the sea and has seven heads, and another that springs from the earth and empowers the bigger beast. Members of the family amassed an immense fortune over the generations, primarily through the noted work of John Pierpont (J. P.) Morgan (1837-1913). [17], Morgan's initial task was to strengthen and develop the firm's principal American accounts, using his first-hand knowledge of and connections to American business which Peabody, who had moved to London in 1836, lacked. [46], Morgan was, like his son, intensely private. Nous sommes tous Aptly-named House Island comes w/ 4 houses, 5 beaches and 12.8 acres. Anonymous @ 2011-12-25 19:59:00 . J P Morgan. [24], The railway boom ended in 1857 and prices collapsed, leading to rumors in London that Peabody & Co. was on the verge of failure. In 1861 Morgan became the agent for his fathers banking company in New York City. [45], Morgan was "tall with sloping shoulders" and a thickening midriff, a wide face, light blue eyes, a prominent nose, and a firm mouth. [23], By 1856, Peabody was confident enough in Morgan to leave him in sole care of the business while Peabody took an extended tour of the United States. Save Page Now. Junius Spencer Morgan, 1813-90, b. In October 1858, Field's cable broke, delaying the project's completion another eight years until 1866. . Relationship with Timothy Michael Dowling (Sosa/Ahnentafel #1), Relationship with Amelia Sturges (spouse), Relationship with Frances Louisa Tracy (spouse), Browse using this individual as Sosa/Ahnentafel #1, , born in1835, deceased in1862 aged 27years old, , born 15May1845 - New York, deceased 16November1924 - Highland Falls, Orange Co., NY aged 79years old, Sources: Dowling Family Tree - Tim Dowling - rootsweb, 2001-2015 - - electronic - I42066, Marriage (with Amelia Sturges) - New York, NY, List of all individuals in the family tree, {{ 'gw_downgraded_access_back_to_max'|translate }}, Born 17April1837 - Hartford, Hartford Co., CT, Deceased 31March1913 - Rome, Lazio, Italy, Morgan Family. He worked at his father's bank, Peabody, Morgan & Co., and later the firms of Duncan, Sherman & Company and Dabney, Morgan, and Company. The Beast with the Seven Heads and the Beast with Lamb's Horns He was a devout Episcopalian. Entering his mid-30s, Morgan was developing into the outsized figure that would dominate the financial world with his enormous frame, piercing eyes and brusque nature. junius spencer morgan great grandchildren [44] By the 1880s, Junius's health began to fade, and he stepped back from day-to-day business. The estate will join a handful of nine-figure properties across the U.S., including two in the Hamptons on Long Island: the former Ford family estate listed for $175 million and another oceanfront estate asking $150 million. Morgan was born on 17 April 1837 in Hartford, Connecticut. Continuing with this request will add an alert to the cemetery page and any new volunteers will . J.P. Morgan - Biography, Financier & Wealth - HISTORY Ancestral pedigree chart of J.P. Morgan. [70], Last edited on 25 February 2023, at 17:50, Connecticut Mutual Life Insurance Company, "J.S. J.P. Morgan cofounded (1871) the banking company Drexel, Morgan and Company. In semi-retirement by the time the crisis was resolved, Morgan devoted much of his energy to his art collection and philanthropy. Cookes firm collapsed on September 18, triggering a wave of bank failures as part of the Panic of 1873.

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